HDFC Arbitrage Fund -Direct Plan - Growth Option
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 27.3 as on 29-05-2023
Fund Performance
Fund Insights
In the last 3 years, Invesco India Arbitrage Fund Direct Plan Growth Option has given 5% return, outperforming HDFC Arbitrage Fund -Direct Plan - Growth Option by 0.47% per annum
HDFC Arbitrage Fund -Direct Plan - Growth Option expense ratio is slightly on the lower side within the category (arbitrage fund). Its expense ratio is 0.43% which is lower than the category average expense ratio of 0.7%
Over the last 6 months, HDFC Arbitrage Fund -Direct Plan - Growth Option has experienced a 9.2% drop in AUM moving from 5.96K Cr to 5.41K Cr
About the Fund
HDFC Arbitrage Fund -Direct Plan - Growth Option is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Priya Ranjan, Nirman Morakhia, Arun Agarwal, Anil Bamboli. This fund gives you the benefit of diversification.
Key parameters
1) HDFC Arbitrage Fund -Direct Plan - Growth Option has a NAV of ₹27.254 as on 29-05-2023.
2) HDFC Arbitrage Fund -Direct Plan - Growth Option has ₹5416 Cr worth of assets under management (AUM) as on 31-03-2023 and is more than category average.
3) The fund has an expense ratio 0.43 %.
HDFC Arbitrage Fund -Direct Plan - Growth Option Overview
 | 0.43% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹5416 Cr |
 | 1 January, 2013 |
 | ₹100/₹0 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 261.56% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
87.2%
Corporate
7%
Government
5.7%
Top Holdings of HDFC Arbitrage Fund -Direct Plan - Growth Option as on (30-Apr-23)
Equity Holdings116
HDFC Arbitrage Fund -Direct Plan - Growth Option: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at 0.75% whereas the fund’s underlying benchmark Arbitrage Fund Index returns stands at 0.67% as on Apr'23
- This fund outperformed Arbitrage Fund Index by 0.08% in Apr'23
AUM Change
- AUM of the fund stands at 5.4K Cr as of Apr'23
- AUM increased by 154.2 Cr between Apr'23 and Mar'23
Fund Portfolio Changes
Peer Analysis
HDFC Arbitrage Fund -Direct Plan - Growth Option Fund Manager
Priya Ranjan
Fund Manager of HDFC Arbitrage Fund -Direct Plan - Growth Option, since 1 May 2022
Top funds managed
Nirman Morakhia
Fund Manager of HDFC Arbitrage Fund -Direct Plan - Growth Option, since 15 February 2023
Top funds managed
Arun Agarwal
Fund Manager of HDFC Arbitrage Fund -Direct Plan - Growth Option, since 24 August 2020
Top funds managed
Anil Bamboli
Fund Manager of HDFC Arbitrage Fund -Direct Plan - Growth Option, since 1 February 2022
Top funds managed
Fund Highlights
Low Risk
Investors understand that their principal will be at Low Risk
About the fund
This fund has delivered an average annual returns of 6.39% since inception which is more than its category average return of 5.07%
AUM size ₹5416 Cr
This fund has AUM of ₹5416 Cr which is more than its category average of ₹ 2905 Cr
Expense Ratio 0.43%
This fund has an expense ratio of 0.43% which is less than its category average expense ratio of 0.73%
Frequently Asked Questions
The current NAV of HDFC Arbitrage Fund -Direct Plan - Growth Option is ₹27.25 as on 29-May-2023.
Existing (Absolute + CAGR) as on 29-May-2023.
HDFC Arbitrage Fund -Direct Plan - Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.57% | 0.57% |
6 Month Returns | 3.79% | 3.79% |
1 Year Returns | 6.15% | 6.15% |
3 Years Returns | 14.21% | 4.53% |
5 Years Returns | 29.37% | 5.29% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.43% as on April 2023
₹5416 Cr as on April 2023
Reliance Industries Ltd(6.02%), ICICI Bank Ltd(5.49%), Kotak Mahindra Bank Ltd(3.44%), HDFC Bank Ltd(3.14%), Bajaj Finance Ltd(2.77%) as on April 2023
Cash Equivalent(86.17%), Corporate(7.53%), Government(6.62%) as on April 2023
AAA | 100 |
Priya Ranjan, Nirman Morakhia, Arun Agarwal, Anil Bamboli are the fund managers of HDFC Arbitrage Fund -Direct Plan - Growth Option
The Exit load of HDFC Arbitrage Fund -Direct Plan - Growth Option is 0.25%